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Your LLP Now

Avail benefits of a partnership & a company, Register your Limited Liability Partnership at Prompt Advisory. prices starting from INR 5999/- only.

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What is Limited Liability Partnership?


All you need to know

A limited liability partnership is a business entity structure in which each partner is shielded from personal liability for the business’s debts and obligations. Partners can manage the company together, but are protected from personal liability for the actions or negligence of other partners.

 

Promptadvisory.com is a group of highly qualified, experienced and dedicated professionals like Chartered Accountants, Lawyers, Company secretaries and IT professionals who facilitates and make sure to provide the best end to end incorporation services for all types of business organisations. We, at Prompt Advisory also provide all kinds of legal, professional, management and advisory services to our clients in India and abroad. At Prompt Advisory, all the services are very quick, easy and affordable. For more information, you may get in touch with our compliance manager on +91 6352119045 or email info@promptadvisory.com for free consultation.

Registration Fees

Choose Your Package
ESSENTIAL
Rs.5999/-
(All Inclusive)
  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • 1 Name Approval Application
  • LLP Incorporation Certificate
  • LLP Agreement
  • PAN
  • TAN

ENHANCED
Rs.13999/-
(All Inclusive)
  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • 1 Name Approval Application
  • LLP Incorporation Certificate
  • PAN
  • TAN
  • SSI/MSME Registration
  • Trademark(1 application 1 class) (start ups, proprietorship & small business)
  • GST Registration

ULTIMATE
Rs.20699/-
(All Inclusive)
  • 2 Digital Signature Certificates
  • 2 Director Identification Numbers
  • 1 Name Approval Application
  • LLP Incorporation Certificate
  • PAN
  • TAN
  • SSI/MSME Registration
  • Trademark(1 application 1 class) (start ups, proprietorship & small business)
  • 1st Income Tax filing for non audit assessee
  • 1 Year TDS Filing upto 500 entries
  • 1st Annual Filing upto turnover of Rs. 40 Lakhs
  • GST Registration

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Advantages of LLP

Points to make your decision easy
Separate legal entity
An LLP is a separate legal entity. This means that it has assets in its own name and can sue and be sued. Furthermore, one partner is not responsible or liable for another partner’s misconduct or negligence.
No owner/manager distinction
An LLP has partners, who own and manage the business. This is different from a private limited company, whose directors may be different from shareholders. For this reason, VCs do not invest in the LLP structure.
Flexible agreement
The partners are free to draft the agreement as they please, with regard to their rights and duties.
Limited liability
The liability of the partners is limited to the extent of his/her contribution to the LLP. Unless fraud has been detected, the personal assets of the partner are protected from any liability of the LLP.
Fewer compliance requirements
An LLP is much easier and cheaper to run than a private limited company as there are just three compliances per year. On the other hand, a private limited company has a lot of compliances to fulfil and conduct an audit of its books.
Easy to wind-up
Not only is it easy to start, it’s also easier to wind-up an LLP, as compared to a private limited company. While it still takes two to three months to complete this process, it can take over a year to close a private limited company.

Document Required For Your LLP Now

  • Photograph of all the Partners
  • PAN Card of all the Partners
  • ID Proof of all the Partners (Driving License/Passport/Voter ID)
  • Electricity Bill or any other utility bill for the address proof of the Registered Office

How to incorporate LLP Online?

5 Easy Steps
 

1

Obtain DPIN & DSC

2

Reserve your LLP Name

3

Filing LLP Agreement

4

Obtain LLP Incorporation Certificate

5

Obtain PAN & TAN

 
Fill a Simple Checklist
Our Compliance Manager will get in touch with you to obtain your documents along with a simple checklist. You need to fill up the checklist and submit along with the documents for processing. Our expert team will verify documents and proceed with LLP Formation Procedure. All throughout the process, a dedicated Compliance Manager will keep you updated on the progress of LLP Registration.
DPIN & Name Approval
Once you submit your documents along with Checklist, we will proceed with the application of your DPIN (Designated Partner Identification Number), Digital Signature and subsequently name approval. If you already have DIN, DPIN is not to be obtained again. Names should be unique and suggestive of LLP’s business. It usually takes 1-2 days to get the name approved.
LLP Registration
Once the name is approved, we will prepare an LLP Agreement. We will then file incorporation documents with MCA. Usually, MCA approves the forms within 6-7 days once filed, subject to processing time and issues Incorporation Certificate. PAN & TAN will then be separately applied for your LLP. You may then proceed to open your LLP Bank Account, once PAN is allotted.

FAQs On Limited Liability Partnership

Get answers to all your queries
  Can an existing partnership firm be converted to LLP?
Yes, an existing partnership firm can be converted into LLP by complying with the Provisions of the LLP Act.
  Can an existing company be converted to LLP?
Yes, any existing private company or existing unlisted public company can be converted into LLP by complying with the Provisions of the LLP Act.
  Can LLP give any other address (besides its registered office) for the purpose of receiving communication from Registrar?
LLP shall have an option to declare one more address within the jurisdiction of same ROC (other than the registered office) for getting statutory notices/letters etc. from Registrar.
About us

We facilitates and make sure to provide the best end to end incorporation services for all types of business. We, at Prompt Advisory also provide all kinds of legal, professional,management and advisory services to our client in India and Abroad, At prompt Advisory all the services are very quick,easy and affordable.

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